“Under capitalism, who would regulate us?”

"Capitalism is a social system based on the recognition of individual rights, including property rights, in which all property is privately owned.” –Ayn Rand To...

Business and the moral sanction of the ballooning regulatory state

All tax payers are suffering under the increasing regulatory and tax burden, as governments are trying to cope with the sagging economies (that they...

The costly impact of government meddling with markets: Why competition is good and regulation...

On my recent second trip to Finland this year my observations and discussions with the locals drew my attention to the value of competition...

The power of entrepreneurship: Report from Vietnam

What can we learn about entrepreneurship from the Socialist Republic of Vietnam, a communist dictatorship, you may wonder. Had you asked me just a...

Another fallacy about capitalism: Coercive monopolies

I recently attended a talk about innovation by a well-known former CEO of a successful Canadian company. His remarks were mostly sensible at first:...

The ethics and business of human genetic editing

The other day, I turned on the radio to a debate on the ethics on human genetic editing, prompted buy an international scientific summit...

Why Bayer’s takeover of Monsanto will NOT diminish innovation, increase prices, and destroy...

The German chemicals multinational Bayer has finally completed its takeover of the U.S.-based Monsanto, after nearly a two-year process of obtaining regulatory approval in...

Free speech, censorship, and Facebook: Why should you care?

My esteem for Facebook CEO Mark Zuckerberg has just dropped significantly. In a recent Washington Post op-ed, he implores the government to regulate “harmful”...

Why do we fear capitalism?

My MBA students have been discussing alternative social systems as context of business in my business ethics class. While most see the value of...

Cheering the Burger King takeover of Tim Hortons

I am not a fan of fast food or medium-roast coffee and doughnuts, but the principle of companies trading freely should be defended (see...

Hooray for Uber!

As the last of major (and smaller) cities in Canada, my hometown Calgary finally saw the ride-sharing service Uber launch here a few days...

By banning Airbnb and Uber, government violates our rights

Have you tried Airbnb to find a place to stay during your summer travels, or used Uber to find a ride? Whether you have...